Bearish sentiment persisted in the market past week with investors incurring N1.57trn in losses as market capitalization dipped to N56.30trn from N57.86trn recorded the previous week....
A new report by Meristem Securities has shown that the depreciation of naira cost some major fast-moving consumer goods companies, including Cadbury, Guinness Nigeria, and Nestle...
The brewery industry is struggling to curb the cost of operations, and this is affecting the net profit of the sector. As the former rose by...
On Monday, the market capitalisation of the Nigerian Stock Exchange was N26.29 trillion, as the All-Share Index closed at 48,270.23 ASI. At the end of trading,...
The Nigerian stock market resumes for another trading week, and some of the stocks to watch are Access Corporation, Stanbic IBTC, and Guinness. Ripples Nigeria stocks...
Nigerian Breweries, Guinness and Honeywell made it into the list of stocks to watch this week, as the stock market resumes trading for another week. Ripples...
Alcoholic and non-alcoholic producers in the Nigerian market cashed in on heavy drinkers in the first six months of 2022, as their turnover for the period...
Revenue growth from alcohol and drink consumption rose by over 53.8 percent in Q3 2021 according to Ripples Nigeria analysis, as Nigerians spent over N194.04 billion...
The bears have taken over the alcoholic companies as investors take out their investment from Guinness, Nigerian Breweries, International Breweries despite exit from COVID-19 mystery for...
Guinness Nigeria has forecast five percent decline for the country’s gross domestic product in 2021 as the company projects inflation will remain at double digits. The...
On this week’s Ripples Nigeria Stocks Watchlist, five companies were selected; MTN Nigeria, Dangote Sugar, BUA Cement, Japaul Gold and Guinness. These companies were selected based...
Last week, the Nigerian bourse posted losses Monday, Tuesday and Friday but reported gains on Wednesday and Thursday Friday, the development and other fundamental factors informing...
Last week, equity investors lost about N185.674 billion due to intense profit-taking, raising the year-to-date return of the Nigerian Stock Exchange to -7.51%. We have selected...
The Nigerian bourse posted gains in its four sessions last week. Week to date, it reported a 1.87% appreciation. We have selected a group of stocks...
The bear run on the Nigerian bourse continued Wednesday as sell pressure in blue-chip stocks caused key performance indices to end in the red. A negative...
The Nigerian Stock Exchange (NSE) had 4 days of bearish sessions that even one day bullish run could not overturn. Within this period a lot of...
Shareholders of Guinness Nigeria Plc on Tuesday approved the plan by the company to raise N40 billion in new equity funds. At the extra-ordinary general meeting...
Shareholders of Guinness Nigeria Plc will today meet to discuss plan by the company to raise N40 billion in new equity funds. At the extra-ordinary general...
Diageo Plc, majority core investor in Guinness Nigeria Plc, has withdrawn from its bid to acquire more shares in the Nigerian subsidiary citing the challenging market conditions in Nigeria. The decision comes on the heels...
Brewing giant, Guinness Nigeria Plc recorded a net loss of N2.02 billion in the immediate past year, its first loss over three decades. The audited report...
flags tattooed on his body to in order to have his name inscribed in the Guinness book of world records. The now toothless Har Prkash Rishi,...
Guinness Nigeria Plc and Diageo Plc have reached agreement on the sale of the distribution rights to Diageo’s international premium spirits (IPS) brands in Nigeria to...
